Secondments from advisers to clients are supposed to represent the classic professional win-win. The client gets legal talent at a discount, while the adviser gets to know the client better and cement a valuable commercial relationship. And with law firms now left with spare capacity in light of the slump in commercial activity, and many in-house departments struggling to cover work due to recruitment freezes, secondments should - on paper - be the perfect solution.
July 23, 2009 at 04:53 AM
1 minute read
The original version of this story was published on Legalweek
Clients are pressing law firms to provide more secondments. But can in-house teams function well with large numbers of loaned lawyers? And are clients ‘abusing the panel relationship’? Alex Aldridge reports
Secondments from advisers to clients are supposed to represent the classic professional win-win. The client gets legal talent at a discount, while the adviser gets to know the client better and cement a valuable commercial relationship.
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